For most business owners, one challenge is managing payroll every time they hire someone. There is a lot to do between the taxes, forms to fill, checks to sign, complying with different regulations, and tracking paid time off and so much more. You have to be careful since one simple mistake can cost you a lot in fines and other fees.
The good news is that hundreds of payroll companies out there help small businesses manage this for you so you can concentrate on other things. These range from accounting firms to intuitive firms, you have a vast array of choices to choose from.
Perhaps you are stuck and wondering how to go about your payroll or you are undecided. Whatever the case, there is an answer for you. To help you make a choice, we have compiled a list of payroll services that can help you out. We will also highlight some tips to look out for when looking for a payroll solution. Read along with us to find out more.
Gusto
This is a full package payroll that comprises of HR, payroll, and also benefits. It was previously known as ZenPayroll, and it caters to all the tedious, error-prone and repetitive tasks as well as taking care of your payroll. In other words, it gives you all services in one. They use secure software for time tracking, accounting, and also benefits administration.
There are more than 150 businesses using Gusto. If you are getting started, you will be given a free demo for just one month. After that, you will need to pay $6 per employee or a flat rate per month. Alternatively, you can go for a contractor-only employer where you will pay only $6 per month without incurring any base price.
Intuit QuickBooks Payroll
Most people associate Intuit to providers of accounting software, but they also offer payroll solutions to different businesses. They have three different plans and these range from payroll basics, white-glove automated, and even tax management plus other combined packages that you should take advantage of.
Depending on the package you go for, you will have to pay $45, $75, or $125 per month. On top of this, you will also have to pay a small fee per employee per month. Likewise, you will be given a one-month free trial so that you can be sure this service is beneficial for you.
Square Payroll
This is one of the fast, easy, and tech-friendly payroll solutions for small businesses. It is available in all 50 states, and it has proved to be the best on the market over the past few years. If your business is already using Square’s point of sale to hire employees, this is the best solution for you.It is also best thing to take care of your taxes.
They charge $20 per month, and an addition of $5 per employee per month. However, this is cost-effective compared to their competitors. Considering the services they offer, this price is fair.
Paychex
Paychex offers payroll solutions for most businesses. However, you should consider trying their small business Product-Paychex Flex. If you have between one to 49 employees, you should give this payroll service a try. They cater to your HR management, business insurance, taxes, 401(k)s, and so much more. It is mobile friendly and available 24/7 with a standby quality support team to help you with complex issues or questions.
ADP
Also known as Automatic Data Processing, it is one of the best and longest-known payroll services. With over 60,000 businesses using it, you too can take it on to pay your workers. Their services include payroll software to businesses of all sizes. They offer a small business package that caters to up to 49 employees, offering different services ranging from attendance tracking, tax filing, payroll, insurance services, benefits planning, and so much more.
Bottom Line
With lots of payroll companies available, it can be hard to choose which one to go for. Depending on the size of your business, you should consider factors like budget, features, and any other services offered that might be beneficial to you. Also, since most of these companies offer free trials, you can take advantage of this and compare it with other features to see which one holds the best value for your needs.